Italy’s Poggipolini buys majority stake in Aero Fasteners to expand in India

Italian group Poggipolini has announced the acquisition of a majority stake in Aero Fasteners, marking its formal entry into India’s rapidly expanding aerospace and defence manufacturing sector.

Aero Fasteners is a leading player specializing in the production of high-quality, mission-critical fastening systems for the aeronautics, space, and defence industries.

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For the Poggipolini Group, which focuses on the design and manufacture of critical fastening systems, C-Class components, and advanced transmission systems made from titanium and special steel alloys, the acquisition represents a strategic move to expand its global footprint, it said.

Michele Poggipolini, CEO of the Group, highlighted India’s importance as a strategic market, emphasizing that the collaboration will enhance the company’s ability to support global clients while strengthening its industrial presence in the Asia-Pacific region. Beyond consolidating Aero Fasteners’ existing operations, the Group aims to transform the company into a benchmark for high-value, mission-critical fastening systems in India.

The partnership will focus on enhancing local capabilities in design and manufacturing, enabling the production of advanced engineered products entirely within India. While exports will remain a key growth driver, the collaboration will also support rising demand from domestic aerospace original equipment manufacturers (OEMs). This dual focus is expected to accelerate innovation and foster long-term industrial development, it added.

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Jasmer Lather, Managing Director of Aero Fasteners, described the deal as a defining milestone for the company. He noted that partnering with a globally respected group like Poggipolini would significantly enhance technological and manufacturing capabilities, while also strengthening Aero Fasteners’ position in the global aerospace supply chain.

The transaction is expected to bolster Poggipolini’s presence across the Asia-Pacific region and reinforce its standing as a global leader in aerospace and defence fasteners.

Fusion Capital Advisors acted as the financial advisor to Poggipolini Group. Legal advisory services were provided by Khaitan & Co for Poggipolini and Emerald Law Offices for Aero Fasteners.